On The Market

Stock prices are up, home prices are high, gold, silver, and ⁠bitcoin⁠ have all had major bull runs. But the average American is broke. This is the “K-shaped” economy.  If you feel like it’s harder to get by and the barrier to entry to invest is rising, you’re not going crazy. We’re in a new economy—a “K-shaped” economy—where those who own assets see their net worth soar as the ⁠middle class⁠ and average Americans watch their bank accounts shrink. This is not the place Americans want to be in right now, and the delicate balance that holds up our entire economy could fall apart sooner than we think. Dave explains what a K-shaped economy is, how it could bleed into the housing market, and whether this feast-or-famine system can survive much longer. Plus, he’ll share a shocking statistic that shows just how hard things are for ordinary Americans, and how a ⁠tiny minority is holding up the entire economy⁠. 

Years of housing market gains could be at risk, and it’s not because of mortgage rates, the Fed, or the US government…it’s because of sellers.  Since 2022, we’ve seen housing inventory rise, home prices stabilize (and fall in many major markets), and ⁠affordability⁠ slightly improve for buyers (thanks to higher supply and lower demand). But now, a new wave of “delistings” could put the future of the housing market in jeopardy. Sellers are refusing to settle, and they’re walking away at the fastest pace in eight years. So, what’s next? A housing crash? A continued ⁠correction⁠? If the delistings continue, one scenario could come to fruition, and it’s not what buyers want to hear. Dave walks through the new delistings data in this episode and shares some startling statistics on just how bad things are for young Americans. If the next generation can’t buy or rent a home…what happens to the economy?

The housing market is not going to crash tomorrow. It’s also not going to boom soon. We’re not in 2008, and we’re also not in 2020. We’re in a strange gray area, a zone that most Americans have never experienced before.  We’re entering the “Great Stall.” And this could last for years.  All data points to a new kind of housing market forming. But why, and why now? Is there any chance of a ⁠housing crash⁠ or home price explosion like before? Yes, but Dave is going to break down the odds of each scenario, plus what to do in the most likely scenario, while home prices stagnate and ⁠mortgage rates⁠ stay relatively high.  If you want to take advantage of the “Great Stall,” so that when ⁠home prices⁠ do go back up you’ll profit, there are four things you need to do. We’ll break down each step so you can prepare and pounce on the investment property that makes your future self wealthy. The “Great Stall” is here, and when it’s over, millions of Americans will wish they had bought. 

This could break the ⁠mortgage⁠ system as we know it. But, is it worth it?  New “portable mortgages” have been floated by the Trump Administration and FHFA (Federal Housing Finance Agency), allowing homeowners to take their rock-bottom ⁠mortgage rates⁠ with them when they purchase a ⁠new home⁠. The question is: will it work? We’re breaking down the likelihood of portable mortgages, how they currently work in countries like Canada, and the pros and cons for the average American. Most people are thinking about the upsides of a portable mortgage, but the downsides are equally severe. Would this really make sense in America? Dave is doing a deep dive into how the U.S. mortgage system works and whether new portable mortgages could break it, leading to the downfall of arguably the greatest home loan on the planet—the 30-year ⁠fixed-rate mortgage⁠. Plus, how much more could it cost you to take out one of these portable loans?

What if you could transfer your 3% ⁠mortgage rate⁠ to a new property? It could be possible in the near future. A new type of home loan would allow borrowers to move their mortgage rate when they sell and buy a new property, effectively ending the “⁠lock-in effect⁠” plaguing the housing market. Could a loan like this really come to fruition? We’re back on another headline episode, touching on real estate’s top stories that you need to hear to invest better than the masses.  First, we’re talking about “portable mortgages,” another push for affordability from the Trump administration. You may be able to transfer your low rate…but for how long? Then, we touch on the real reason the housing market is stuck in purgatory, and the only way we’ll bounce back.  Is this the fall of ⁠house flipping⁠? James goes public (front-page news!) with a six-figure loss and shares the truth about how hard it is to flip houses right now. Finally, we answer the question every 13-28-year-old is asking: Is Gen Z screwed? With a tanking job market, there’s only one way for them to survive…